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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: im a survivor who wrote (4180)9/28/2000 9:57:39 AM
From: Jim Willie CB  Respond to of 65232
 
with stock on margin, you CANNOT ride it out / JW



To: im a survivor who wrote (4180)9/28/2000 11:02:39 AM
From: freeus  Read Replies (1) | Respond to of 65232
 
Replacing stock with calls:
I've been doing the same thing, only I've mostly replaced with LEAPS (have some Nov and Jan RMBS calls and Jan Intc calls and few Feb-Mar NTAP,ITWO and Newp calls)...
Hope we have a great last quarter as usual...we'll have to be always ready to sell though and that's what worries me. Everyone seems to feel that way and the market goes up a little and crashes down because of the fear.
Will confidence return?
Remember Sept is traditionally the worst month, and Oct has had a few very traumatic ones but doesn't average out as bad as Sept.
Freeus